Perstorp goes for a major expansion of the production capacity of its non-phthalate polyester plasticizer Pevalen from 2019 onwards. Perstorp has entered into a partnership with Alcoplast Srl, Italy for a long-term production agreement to enhance production capacity to reach 50,000 tons per year.
The high-performance, true non-phthalate plasticizer of Perstrop ‘Pevalen (pentaerythritol tetravalerate or PETV)’, is highly preferred for use in sensitive applications and products that comes in contact with humans, e.g. toys and childcare products, apparel and accessories, sports & leisure products, automotive interiors or other indoor applications such as furniture, floors or wall coverings in both homes and public spaces. Pevalen has unmatched performance characteristics such as high plasticizing efficiency in combination with low migration and volatility.
Markus Jönsson, Vice President Plasticizers, Perstorp, said, “Global demand for non-phthalate plasticizers is predicted to continue to grow with about 100,000 tons per year. Since our first introduction of Pevalen to the market more and more potential customers have tested it and now discovered its performance advantages in various application segments. Additionally, Pevalen’s favorable sustainability profile is proving to be an increasingly important factor in the decision-making process. All reasons for a steep increase in demand. In the recent past satisfying the market demand has been very challenging, so we are really happy to also announce this capacity expansion from 2019 and onwards. In addition, the partnership with Alcoplast Srl. will enable us to add other complementary plasticizers to our portfolio.”
According to Perstorp, the demand for the non-phthalate segment will continue to grow. Pevalen is going to be a choice for the segment. Perstorp has plans for further investments to increase the production capacity of Pevalen beyond 100,000 tons based on future market demand.